Police officer faces fraud charges for alleged loan deception from Hong Kong Police Credit Union


22nd September 2023 – (Hong Kong) In a recent development, another police officer in Hong Kong has been accused of fraudulent activities involving loans from the Hong Kong Police Credit Union. The officer in question is alleged to have misrepresented his loan history to the credit union, deceiving them into approving two loans amounting to over HK$140,000. The Independent Commission Against Corruption (ICAC) has taken the officer to court, charging him with two counts of fraud. He has been granted bail and is scheduled to appear before the West Kowloon Magistrates’ Court for a plea hearing on Thursday, the 28th of September.

The accused officer, Lam Chun-kit, 47 years old, faces charges under Section 16A(1) of the Theft Ordinance. At the time of the alleged offences, Lam was serving as a police officer and was a member of the Hong Kong Police Credit Union.

According to the case details, Lam is accused of falsely claiming that he had not obtained any loans from other banks or financial institutions when applying for loans from the credit union in February and October 2021. By deceiving the credit union, Lam allegedly intended to secure loan approvals totalling over HK$140,000. However, during the ICAC’s investigation, it was discovered that Lam had outstanding loans from at least one bank and three other financial institutions, amounting to a minimum of around HK$1.25 million.